Undervalued Stocks

An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This algorithmic undervalued stocks forecast is for stocks with recently reported insiders’ transactions. An “insider” is any person who possesses at least one of the following:

• access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
• ownership of more than 10% of the company’s equity

Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 1 Year (7/23/20 – 7/23/21)
I Know First Average: 75.99%

In this 1 Year forecast for the Insider Trades Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. The highest trade return came from BYD, at 150.8%. Further notable returns came from CAMT and FET at 140.48% and 104.98%, respectively. With these notable trade returns, the package itself registered an average return of 75.99% compared to the S&P 500’s return of 34.67% for the same period.

Boyd Gaming Corporation (BYD), together with its subsidiaries, operates as a multi-jurisdictional gaming company. It operates in five segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, Peninsula, and Borgata. The company owns and operates 21 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, and New Jersey. It also owns and operates a travel agency and a captive insurance company that underwrites travel-related insurance in Hawaii; and the Borgata Hotel Casino & Spa in Atlantic City, New Jersey. As of December 31, 2015, it owned and managed 1,243,007 square feet of casino space comprising 29,736 slot machines, 757 table games, and 11,391 hotel rooms. Boyd Gaming Corporation (BYD) was founded in 1988 and is headquartered in Las Vegas, Nevada.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.